Asia's Energy Revolution: China's Role and New Opportunities as Markets Transform and Digitalise

Description

Asia is home to 60 per cent of the world's population, including the world's two most populous nations, China and India. The region's economic gains and rising middle class are accelerating demand for more consumer goods and a better quality of life. For further economic growth to be realised, the region will need a massive supply of additional energy, three- to five-fold 2020’s amount by 2050. These changes create new business and investment opportunities for domestic companies and overseas participants. Asia’s energy market, already the world’s biggest, will soon be the most advanced. There will be mass adoption of digital technologies, like artificial intelligence, to make the distribution of solar, wind and other clean resources, smarter and more efficient. Led by China, billions of dollars in capital investment will drive the region's shift to green, sustainable energy, replacing polluting and expensive fossil fuels, which will help to rein in climate change. In Asia’s Energy Revolution, leading energy markets analyst and practitioner Joseph Jacobelli explains why Asia is the world’s most important territory for energy transition, how developments in the region will drive change in the rest of the world as well as how it will all be financed. The book discussion includes: Analysis of past events and forward-looking analysis of the industry in the region encompassing commercial, economic, and financial aspects Appraisal of new energy technologies, such as electric vehicles, and digital solutions, such as blockchain for energy Review of the capital flows and sustainable financing channels needed to fund energy infrastructure and tech growth Acknowledgements Foreword Preface The Rationale for the Book The Objectives of the Book Chapter 1 The World’s Centre of Economic Growth and Energy Transition 1.1 Why Asia? Why Energy? 1.1.1 Continuation of Asia’s Stupendous Economic Growth 1.1.2 More Growth Will Need More Energy 1.2 More Views on Asia’s Economic Growth and its Future 1.2.1 Question One: Growth Potential? 1.2.2 Question Two: What are the Growth Elements? 1.2.3 Question Three: What are the Policies Critical for Growth? 1.2.4 Question Four: What are the Risks to Economic Growth? Chapter 2 Asia’s Dramatically Changing Energy Landscape 2.1 The Energy Consumption is Unique and is Rising 2.1.1 Plain Vanilla Look at the Growth Upside 2.1.2 Higher Demand from Shift to Electric Vehicles 2.1.3 Energy Efficiency Could be Growth Containment Factor 2.2 Huge Regulatory Shifts Transforming the Energy Industry 2.2.1 Australia – Deregulation Lessons Brutally Learned 2.2.2 Japan – The Land of the Slowly Rising Competition 2.2.3 Singapore – Progressive but Paced, Highly Controlled Reform 2.2.4 China – a Giant’s Long Build Up, Accelerated Adoption 2.3 Changing Nature of Industry Players 2.3.1 UK: Precursor of Change BG and its Complete Metamorphosis 2.3.2 Australia’s Major Energy Retailers: Similar Yet Different Models 2.3.3 New Zealand’s Retailers’ Valuable Experience 2.3.4 Japan’s Tokyo Gas, KDDI: Cautiously Progressive Approach 2.3.5 Singapore’s Transition to Newborn Utilities 2.3.6 China’s Private and State-Owned Fast Changers Chapter 3 Twin Transformations: New Fuel Mix and New Tech 3.1 Impact of Changing Energy Fuel Sources and Price Trends 3.1.1 Fuel Mix Metamorphosis to Green and Clean from Brown and Dirty 3.1.2 Asian Clean Energy Prices’ Fall is Cliff-Hanger for Coal, Gas, Oil 3.2 New Opportunities through the Digital Door 3.2.1 New Digital Tech and the New Energy World 3.2.2 The Real Life of Digital Energy Tech: Some Use Cases 3.2.3 China’s Fast-Track Energy Tech Digitalisation Chapter 4 Financing the Growth 4.1 Financing Energy Digitalisation Tech: Rich and Well-Proven Channels 4.2 Alphabet Soup and Drivers of Green Capital Growth 4.2.1 The Alphabet Soup: What’s in a Definition? 4.2.2 The Drivers of Green Capital Growth 4.3 Plain Vanilla Financing Turns Green 4.3.1 Corporates Building Green Equity Credentials 4.3.2 Bond Issuers Learning from Chameleons 4.3.3 Green Bank Borrowing 4.4 Future Greening of Finance and Financial Instruments 4.4.1 Higher Adoption and Capital Flows 4.4.2 New Tools and Paths to Green Liquidity 4.4.3 Revaluating New Valuations 4.4.4 Crystal Gazing into the Green Future Chapter 5 Conclusions and Suggestions List of Abbreviations Note on Currency Exchange Rates About the Author Index